Is home equity loan interest tax deductible?

Introduction People spend most of their time at home so they are more interested in building a house to live in a comfortable way. Also, people are moving more and more inside the house because of Covid-19 so homeowners are becoming more and more motivated toward hate development. Have you ever taken a home equity loan to develop or repair this type of home? If you have a loan, it will affect your tax. Many people do not know whether the interest tax on home equity loans is deductible. When…